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Home > Blog > Did you invest with JP Morgan Broker Edward Turley and lose money?

Did you invest with JP Morgan Broker Edward Turley and lose money?

Maddox Hargett and Caruso is now representing investors who have lost millions of dollars due to former JP Morgan broker Edward Turley’s management of their accounts. Please contact us today for a free examination of your case if you lost money in a Turley-managed account.

Turley, who was fired from JP Morgan recently, has amassed almost $63 million in damages from five ongoing customer cases. According to public records, each of the current cases involves charges of unlawful and improper trading as well as excessive margin usage. Turley was managing $1.6 billion in client assets and generating nearly to $30 million in yearly revenue, according to AdvisorHub in August.

According to FINRA guidelines, brokerage firms like JP Morgan must closely monitor their agents to ensure that they are not engaging in excessive, unlawful, or improper trading. If they don’t, they risk being held accountable for damages caused by their agents’ negligence.

Maddox Hargett & Caruso, P.C. represents investors nationwide who are trying to recover their investment losses. If your financial advisor was Edward Turley, we may be able to help you recover some or most of your losses. You can call or email our senior partner Mark Maddox to have your potential case evaluated at no charge. Please call 317-598-2043 or email him at mmaddox@mhclaw.com

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